Kadant
151 hedge funds and large institutions have $960M invested in Kadant in 2019 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 41 increasing their positions, 54 reducing their positions, and 35 closing their positions.
6% more capital invested
Capital invested by funds: $909M → $960M (+$50.5M)
1.69% more ownership
Funds ownership: 92.98% → 94.67% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less funds holding
Funds holding: 173 → 151 (-22)
24% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 54
57% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBHC
Brown Brothers Harriman & Co
New York
|
+$32.2M |
| 2 |
Neuberger Berman Group
New York
|
+$15.2M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$14.8M |
| 4 |
BlackRock
New York
|
+$13.1M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$11.6M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$10.1M |
| 3 |
EIP
Epoch Investment Partners
New York
|
-$5.08M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$4.87M |
| 5 |
Renaissance Technologies
New York
|
-$4.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QT
176
Quantamental Technologies
White Plains,
New York
| – | -$9K | -105 | Closed |
|
|
FHB
177
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$9K | -100 | Closed |
|
178
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$6K | -70 | Closed |
|
179
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$6K | -66 | Closed |
|
|
WCM
180
WealthBridge Capital Management
Westerville,
Ohio
| – | -$5K | -61 | Closed |
|
|
RTC
181
Riverview Trust Company
Vancouver,
Washington
| – | -$4K | -45 | Closed |
|
|
LFA
182
Legacy Financial Advisors
Covington,
Kentucky
| – | -$3K | -32 | Closed |
|
|
PFO
183
Pathstone Family Office
Englewood,
New Jersey
| – | -$2.43K | -27 | -96% |
|
|
WEC
184
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$2K | -10 | Closed |
|
KAI Hedge Fund Activity: Q2 2019 in Review
151 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Kadant (KAI) for Q2 2019, worth a combined $960M — up 5.6% from $909M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of KAI and 15 opened new positions — a net loss of 20 holders — while 54 trimmed existing stakes and 41 added.
The largest buyer was Brown Brothers Harriman & Co, opening a new position worth an estimated $32.2M. The largest seller was Millennium Management, exiting entirely with an estimated $11.6M sold.
- 151 institutional investors held Kadant (KAI) as of Q2 2019, down from 173 in Q1 2019.
- Funds reported $960M of Kadant stock for Q2 2019, up 5.6% quarter-over-quarter.
- 15 funds opened new Kadant positions in Q2 2019 and 35 closed out, a net change of -20 holders.
- The largest Kadant buyer in Q2 2019 was Brown Brothers Harriman & Co, an estimated $32.2M added.
- The largest Kadant seller in Q2 2019 was Millennium Management, an estimated $11.6M sold.
Based on aggregated 13F filings for Q2 2019.